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Dmitriy789 [7]
2 years ago
7

Calculate the GDP using the data below (all figures are shown in millions)

Business
1 answer:
Anit [1.1K]2 years ago
3 0

Answer:

$250 million.

Explanation:

To calculate the GDP using the following data (Personal Consumption = $ 50, Government Consumption = $ 20, Business Consumption = $ 80 and Gross Investments = $ 100) the following calculation must be performed:

50 million + 20 million + 80 million + 100 million = X

250 million = X

Therefore, the GDP is $ 250 million.

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Answer:

Principal

Explanation:

A power of attorney (POA) is a legal document giving one person (the agent or attorney-in-fact) the power to act for another person (the principal).

8 0
2 years ago
Which of the following is a characteristic of managerial accounting?
Dmitry [639]

Answer: E. All of the above are characteristics of managerial accounting.

Explanation:

Managerial accounting is geared towards analysing accounting data to help management of an organization make decisions. As such it is internal and is seen by company employees.

To help the management, specific management reports are produced from which decisions affecting the company can be made. It is relatively flexible to enable it to suit the demands of the company and as it is for internal use, is not independently audited.

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3 years ago
Answer the following questions using the information below: Cannady produces six products. Under their traditional cost system u
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Answer:

Given this change in the cost, the adequacy and quality of the estimated cost drivers and costs used by the system will determine the costing results for SR6 under the new system.

Explanation:

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Therefore, given this change in the cost, the adequacy and quality of the estimated cost drivers and costs used by the system will determine the costing results for SR6 under the new system.

8 0
2 years ago
If a company uses a predetermined rate for absorbing manufacturing overhead, the volume variance is the: Group of answer choices
Mama L [17]

Answer: c. Difference in budgeted costs and actual costs of fixed overhead items.

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If a company uses a Predetermined rate for Manufacturing Overhead this means that they have budgeted a certain cost of overhead that they believe will be sufficient for production. This is usually possible for fixed overhead items.

The Variance therefore would be the difference between this budgeted figure and the actual figure for the fixed Overhead items.

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Which professional has helped Jennifer in this example?
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